#中心化与去中心化交易所

Centralized Exchange (CEX) Advantages:

Easy to operate, user-friendly interface, mature deposit and withdrawal processes;

High liquidity, fast trading speed, low slippage;

Strong customer service and compliance.

Disadvantages:

User assets are held by the platform, once it suffers a hacker attack or operational risk, assets may be compromised;

Requires KYC, low privacy;

Centralized regulation, susceptible to policy changes.

When using CEX, it is advisable to choose platforms with good reputation and compliance background.

Decentralized Exchange (DEX) Advantages:

Users control their private keys, no need to entrust assets;

Transparent trading, trustless;

No KYC, protects privacy.

Disadvantages:

Trading speed limited by on-chain confirmations, fluctuating fees;

Lack of liquidity, prone to slippage;

Complex operations, requires familiarity with wallets and gas fees.

When using DEX, pay attention to smart contract security risks.

CEX is suitable for users pursuing convenience and efficiency, while DEX is suitable for users who prioritize security and privacy.

Choose based on needs and risk preferences.